What To Consider Before Renting

Whether you’re moving into your first apartment or or have jumped around from multiple different rental properties, moving is always a big change and we can all agree that moving is A LOT of work.

From organizing and packing to hauling boxes and renting trucks, at the end of a moving day you will always be exhausted. On top of the physical demands of moving, the planning and paperwork can be just as exhausting.

We have gathered a few helpful items that should be considered before you sign on the dotted line of a rental property to help your moving day go smoother with fewer surprises.

Upfront Costs

When you start your apartment hunt you may narrow down your search based on a monthly rent payment you know you can afford. This is a good place to start.

You will quickly find, however, that each apartment complex will also charge you different upfront costs that should be factored into your budget as well.

You will almost always have to pay a security deposit to rent any apartment or house. This is a set amount of money that you pay upfront to cover any damages, if no major damages are found, you should get your deposit back when you move out.

Some places will charge a separate pet deposit in addition to your normal security deposit to cover the extra risk of damage a pet brings to a home.

Other places will also charge a fee for filling out an application or to hold an apartment until your move in date. Be sure to ask about all the upfront costs that may apply to you so you can plan accordingly.

What you need or don’t need

An additional upfront cost to moving is the actual expenses of moving. Will you need to buy furniture, rent a truck, hire movers, or stock up on new groceries. Anything you need to live comfortably should be considered before moving.

Be sure to consider items you don’t need, as well. Moving can be a great time to declutter and get rid of unnecessary junk. Don’t let yourself get tricked into thinking you need every corner filled and every shelf decorated. Focus on necessities and then slowly add other items you may want.

Additional Costs

In addition to your monthly rent payment you will want to consider additional ongoing costs into your budget. Find out how you will be charged for expenses like water, electric, gas, and trash.

You may also have additions to your monthly rent based on different circumstances. Some places will charge an additional pet rent, amenity fee, or have an additional cost for parking. All these can be added to your base rent amount and you will come to find these charges can really add up quickly.

One additional cost that many places will require you to have is renters insurance. Even if your apartment complex or landlord does not require you to purchase renters insurance, it should still be at the top of your list to get.

Renters Insurance around Springfield, Ohio is one of the cheapest insurance policies you can buy that will pay off huge in the event of a fire, robbery, water damage, or anything else that may cause damage to your personal possessions within your apartment.

Before you jump into becoming a renter, be sure you know and consider all the costs that will be included. Save yourself the stress of unexpected expenses and make sure your personal property is protected always.

We promise, once you get through the moving process you will be able to sit back and relax in your new home!